XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Real estate:    
Buildings and improvements $ 12,633,935 $ 12,025,271
Development costs and construction in progress 744,711 877,423
Land 2,647,430 2,603,964
Accumulated depreciation and amortization (3,148,019) (2,839,229)
Net real estate 12,878,057 12,667,429
Net investment in direct financing leases 0 44,706
Loans receivable, net of reserves of $5,115 and $1,813 383,991 415,811
Investments in and advances to unconsolidated joint ventures 698,903 403,634
Accounts receivable, net of allowance of $2,521 and $1,870 53,964 48,691
Cash and cash equivalents 112,452 158,287
Restricted cash 54,500 53,454
Intangible assets, net 444,215 519,760
Assets held for sale and discontinued operations, net 51,495 37,190
Right-of-use asset, net 232,155 233,942
Other assets, net 752,224 674,615
Total assets 15,661,956 15,257,519
LIABILITIES AND EQUITY    
Bank line of credit and commercial paper 1,585,333 1,165,975
Senior unsecured notes 4,657,651 4,651,933
Mortgage debt 347,987 352,081
Intangible liabilities, net 162,874 177,232
Liabilities related to assets held for sale and discontinued operations, net 12,831 15,056
Lease liability 200,813 204,547
Accounts payable, accrued liabilities, and other liabilities 732,895 755,384
Deferred revenue 835,223 789,207
Total liabilities 8,535,607 8,111,415
Commitments and contingencies (Note 10)
Redeemable noncontrolling interests 127,583 87,344
Common stock, $1.00 par value: 750,000,000 shares authorized; 537,533,719 and 539,096,879 shares issued and outstanding 537,534 539,097
Additional paid-in capital 10,014,707 10,100,294
Cumulative dividends in excess of earnings (4,114,806) (4,120,774)
Accumulated other comprehensive income (loss) 29,526 (3,147)
Total stockholders’ equity 6,466,961 6,515,470
Joint venture partners 330,749 342,234
Non-managing member unitholders 201,056 201,056
Total noncontrolling interests 531,805 543,290
Total equity 6,998,766 7,058,760
Total liabilities and equity $ 15,661,956 $ 15,257,519